Amicus-AEEU

Amicus-AEEU

May 17, 2006 05:03 ET

PRUDENTIAL - 'PRUNOCCIHO'

LONDON, UNITED KINGDOM--(CCNMatthews - May 17, 2006) -

PHOTO OPPORTUNITY : 10.30am, 18th, May 2006, Mermaid Conference Centre, Blackfriars, Puddle Dock, EC4V 3DB

Attention: Picture desks, News, Industrial, Financial Services correspondents

Amicus Britain's biggest private sector union will demonstrate outside the Prudential's AGM along side a giant puppet called 'PRUNOCCHIO'.

Amicus is campaigning against Prudential's decision to close three offices including its administration office in Belfast where some 500 jobs will be lost. The union is campaigning to reverse this decision.

This decision has fundamentally changed the Prudential's commitment to the UK. Prudential staff believed that the Pru were going to continue to invest in the UK rather than move more jobs to India. The Prudential failed to consult with the union leaving staff representatives in the dark with regard to the proposals. The Prudential received millions in Government grants for their site in Belfast, but are now turning their backs on the local communities that rely on the Pru for jobs.

Amicus National Officer David Fleming says,

"This is clearly an act of corporate irresponsibility by the Prudential. Amicus and Prudential staff are demanding the Prudential to think their decision through and protect jobs and the company's brand which we believe has been badly damaged by this decision."
Prudential staff will be outside the company's AGM to call on shareholders to lobby the Prudential's chairman and his board to get this decision reversed.

Prudential began moving jobs to Belfast in the 1970's. Apart from benefiting customers and shareholders, the move created much need jobs in an area were traditional jobs in heavy industry were in decline. The Prudential were given a GBP 2million government grant to create and sustain these jobs. Prudential are now turning their backs on Belfast, an area where local communities need good jobs. The union has met with Peter Hain, Secretary of State for Northern Ireland to bring this issue to his attention.

Some customers have responded too attacks on the workforce by withdrawing business, one customer called the Prudential earlier this month to cancel GBP 1.5 million of business in response to the recent announcements.

Contact: Ciaran Naidoo on 07768 931 315 or 020 7420 8900

Contact Information

  • Amicus Press Office
    Ciaran Naidoo
    020 7420 8900
    07768 931 315